The Ministry of Industry and Trade (MoIT) on December 23 held a ceremony in Hanoi to launch the Vietnam Free Trade Agreement Portal (FTAP), at fta.moit.gov.vn, to help the domestic business community make the most of the opportunities brought about by trade deals to which Vietnam is party.
The Ministry of Industry and Trade (MoIT) on December 23 holds a ceremony in Hanoi to launch the Vietnam Free Trade Agreement Portal (FTAP), at fta.moit.gov.vn. (Photo: VNA)
Hanoi (VNA) - The Ministry of Industryand Trade (MoIT) on December 23 held a ceremony in Hanoi to launch the VietnamFree Trade Agreement Portal (FTAP), at fta.moit.gov.vn, to help the domesticbusiness community make the most of the opportunities brought about by tradedeals to which Vietnam is party.
The launch was attended by Deputy Prime Minister andForeign Minister Pham Binh Minh, World Bank Country Director for Vietnam CarolynTurk, and Ambassador of Australia to Vietnam Robyn Mudie.
The portal, the first of its kind in Vietnam, hasbeen developed by the MoIT and the World Bank, with support from the Governmentof Australia, since February 2019.
It provides a smart online look-up tool forenterprises and others who wish to explore various FTA commitments regardingimport duties, rules of origin, and services and investment. It also offers informationand knowledge essential to foreign traders, such as market updates and localregulations on imports and exports as well as sustainable development.
Addressing the event, Minister of Industry and TradeTran Tuan Anh said the introduction of the FTAD demonstrates the Government’s determinationto make the contents of FTAs, especially new-generation agreements, more widelyknown among the business community and society.
The MoIT will continue to coordinate with relevantagencies and organisations to update and improve the portal and ensure its security,Anh said.
Vietnam has signed a total of 14 bilateral andregional FTAs, 13 of which have entered into force, including thenew-generation Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA). The countryhas also concluded talks over another FTA while negotiations on two others areunderway./.
Vietnam is a strategic partner of the UK, affirmed UK Secretary of State for International Trade Elizabeth Truss at a meeting with Chairman of the National Assembly’s Committee for Economic Affairs Vu Hong Thanh in Hanoi on December 11.
The Ministry of Industry and Trade (MoIT) and the Ministry of Trade, Industry and Energy of the Republic of Korea (RoK) recently signed an exchange letter on the implementation of the cumulation of origin of textile between the two nations under the EU-Vietnam Free Trade Agreement.
Vietnamese tuna appears ideally placed to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA), with shipments rising 0.5 percent year-on-year to 126 million USD during January-November despite COVID-19.
The UK-Vietnam Free Trade Agreement (UKVFTA) is an important factor ensuring the continuity of the dynamic and expanding bilateral trade relations between the two countries, affirmed UK Secretary of State for International Trade Elizabeth Truss.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.